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. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives i
with this economic reality. you know what? my constituents are going to pay for it in their taxes. what no one seems to want to talk about in the media. yes, congress will pass an emergency bill and exceed the spending cap congress voted on and then your taxes will be the makeup for that because there is no other place to get it from. >> neil: i admire your guts to stand up to the likes of chris christie, who said, quit playing games and pass the aid. you are saying, we are playing game fist we pass this kind of aid. >> chris christie is a great governor. he's right. the emergency aid nides to be there, the money that will go to the local community, which is about $17 bimmion of this $50 billion aid package. so we bailed out the fema relief insurance fund. okay? we know that that has been operating at a deficit. it's still in the red right now. this is going to prolong the agony. if we don't fix the core spending problem, we are not going to have money for another disaster. >> neil: i suspect they won't. they have taken some of the fat out. but i am talking in terms of million, not billions. >> mill
football stair is at the center of a hoax, a big hoax, you'll hear the wild story next. and payroll taxes going up across the board, but a governor has a plan to eliminate his state income taxes, is he the governor of your state? he's hear. did you hear what former president bill clinton said about his wife, secretary of about his wife, secretary of state hilililililil [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the rd like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanes
social for media. next, california led the way to tax cuts. now it's leading the way to tax hikes and a budget surplus. mitch mcconnell. can you hear me now? the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation sensational relief. who is this? that's pete. my... [ dennis' voice ] allstate agent. a "starving artist" has an allstate agent? he got me... [ dennis' voice ] the allstate value plan. it's their most affordable car insurance and you still get an agent. [ normal voice ] i call it... [ dennis' voice ] the protector. is that what you call it? the protector! okay. ♪
to the military? that will hurt him with the center left who, want tax cuts and the help to the religious go down. when you have a narrow margin as a prime minister, historically, here, it means you are wake and not able to do anything significant in the knesset and we will be back to early elections, mr. netanyahu had had a very stable government. but like the united states, neil, israel is rocked by some severe economic problems here. there was a $10 billion budget deficit that was much more than expected. that has become a big issue. the rising cost of living here has become a big issue and that's the thought that this precipitous drop, it was that he and his right-wing coalition hash 70 seats projected 2 months ago. they have fallen in the polls and there is now talk of them bringing on board a center party, run by a charismatic television anchor, turped politician. this person is demanding tax cuts for the middle scplases demand that the religious go to war, something that won't sit well with mr. netanyahu's base. going forward, he may have won, but it will be a very uncomfortable and probab
problems that get thrust upon them as a consequence of diminished tax bases and the consequence of housing, the significant portion of the public and their states that are in most need. we're committed to having a third phase of the so-called big deal on the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop to get our economy in great shape and move toward a balanced bump started off with three phases. started with president bush's actions, the first president bush, in terms of taxation, before president clinton took office. then the actions the president took in '94 and then in '97. well, we think there's a third phase here that can set our country on a path that will allow us to get our debt, the gdp, our deficit to gdp, down around 3%, which is the basis of which all economists left, right, center, agree, are the areas which we really can begin to grow as a country. and also my grandfather used to say, with the grace of god and good will of the neighbors, cooler heads will prevail between now and the time we deal with th
just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the number one factor that is creating jobs in the economy over the last three years has been the oil and gas sector. dagen: you would be not a smart politician if you got in the way of that in the next four years. steve, by the way, 2100 words in that address and job or jobs was noted three times. steve, it was great to speak with you. >> people should read in our "wall street journal" today, we have an excerpt from ronald reagan's inauguration. the job market was really expanding back in. dagen: steve, great to speak with you. take care. connell: we brought in chief market strategist from america finan
the fiscal cliff and the concerns of mayors regarding both investment programs and tax-exempt financing. whenever there's a major issue that demands attention, again and again and again, vice president joe biden has shown the leadership and courage needed to help move our nation in the right direction. and that is why i was certainly hartened when president obama asked vice president biden to lead a special task force to develop responses to the tragedy not only at sandy hook elementary school, but the daily tragedies we see all across america. the nation's mayors and vice president biden have stood together for many, many years in support of public safety. after all, it was then-senator joe biden who championed the crime bill, which established the cops program and included the ban on assault weapons and large-capacity magazines, which congress unfortunately, allowed to expire. yesterday, i was personally very proud to be in the white house as president obama and vice president biden unveiled a strong, comprehensive package of legislative and regulatory reforms needed to response to th
. >> not the last question. >> i'm sorry, francine. [inaudible] >> everything you run out of tax reform process has been out with a has to measure to make them maybe not impossible, but much less likely to tax reform goes forward this year. is that basically what you believe? if you could say a word about why tax reform should go forward. what do you see as the upside of that? >> i'm not saying that. what i'm saying is they think we took seems that do not package they have some ramifications tax reform. but i am not saying that we shouldn't sit down and talk about how we look at our tax structure and how we reform it. it's a fact that by what we thought it, but it isn't anything close to the whole package. i think what it does is to force people to be more concrete about what they mean when they took about tax reform. let me just give you an example. some of the provisions that we have been training and retraining, some of them are in appropriation and some of them are in the tax structure. i think we can take a hard look at all of our training programs. some of them aren't about to taxation. i thi
number. >> i like a flat tax. >> sean: between state, local, federal and isn't it sad people are thinking of moving states? and some people might leave the country, that's sad. >> only people with options can do that and we're losing track of that. >> sean: when those people leave, guess who is going to pay? the people who are left. >> yeah, and the states are being dug into the ground with all of these. >> sean: and we've got to run, but we expect momentarily that vice-president biden will be addressing the troops on this inauguration night. congratulations to the president, first lady for their second term and great ing we have left. greta is next to go "on the record" and we'll see you tomorrow night. >> greta: tonight, it's blistering, it isn't so much what was said, but who said it. is the cbs news political director and telling president obama to pulverize and destroy republicans. but tonight, scott walker is here and how are he and other governors planning for president obama's second term. governor walker in minutes and right now standing by for vice-president biden who will speak
is a tax credit that was part of the economic stimulus originally, he sought $500 and i think ultimately, law was less than that. that was a classic compromise that he did not get. another compromise was his promise to repeal the bush tax cuts for higher income. his goal was couples making more than 200th $50,000 or couples making $200,000 and the fiscal cliff deal did not achieve that. we rented that a compromise. let's go to fort lauderdale,. caller: with respect to not keeping a promise for negotiations with a health kicce -- i think that a somewhat wrong. i have watched the other representatives of congress on tv every day negotiating and debating and putting their facts together. the final decision between nancy pelosi and the head of the sun -- of the senate when they finally came out with exactly what the bill would be -- it was done behind closed doors. the putting together of the bills, people putting in their amendments, was actually done on cspan every day and i watched that. secondly, with respect to these people calling about taking away guns. there is nothing about taking a
as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all over the map. >> i do not think that this is a big deal. i do not see that as a big issue. what is coming out of this weekend retreat is far more important. connell: i would like to be a fly on the wall for that. >> also what is important is to remember how we got here. he has run trillion dollar deficits for the past four years of his administration. you have to pass a budget in the united states senate. he will be doing his sort of constitution getting a budget up to the congress. this is a challenge. we have to have a clear look at how we can reduce spending in this country. connell: whenever the limit is actually reached and it is not raised. then you start to play the political blame game. pay some bills and not others. though
out. that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >> good morning, everyone, we're
it in tax cuts for billionaires and millionaires, they spent it in the iraq war afghanistan, the great majority of this money was spent by george w. bush. now i'm going to make them pay the bill. i would turn it around on them. that's good. very strong language. we hope he sticks to it, we'll look at that in a minute. >> obama: congress has not been able to identity identify $1.2 trillion that they're happy with. they don't want to cut defense. >> cenk: that's true. hey, man i'm perfectly happy to do that. let's go to michael shure. the language is good. the frame something good. it seems strong. excuse me if i'm a little skeptical that he won't negotiate over the debt cerealing. >> you're excused for being skeptical, you're fine. you have every reason to feel that way although i think the way he handled the fiscal cliff was a departure--i think he bent over a little bit less than he has in the past in terms of going back on what he said he was going to do. he got americans to--wealthy americans to pay more in taxes. not the specific $250,000, quarter of a million. >> when we came to t
like payroll taxes for medicare and social security are putting u yo in a taker category. when the president does kind of a switcheroo like that, what he's trying to do is we are maligning these programs. so it's kind of a convenient twist of terms to try and shadow box a straw man in order to win by default. >> steve, interpret that for common people like me. because there's a lot of double talk there that i didn't hear him explain it that way when he said it originally. and it doesn't make much sense to me now that he has said this. >> no. and the entire message of the last few years of the republican party whether it's makers versus takers, whether it's the 47% theme. the 47% who supposedly don't pay taxes. they're talking about federal income tax. not state taxes, estate taxes, these sorts of things. that the republican party ran into this big problem in 2012 where that message alienated people. >> let me show you what he said in 2005 about social security. now he's talking about how people paid in and it's earned. but he said -- let me quote it. it says -- this is a quote.
and keep going -- it needs to bring millions of people with it. the robin hood tax, the campaign the nurses have -- $350 billion a year from wall street for a minimum tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care syste
more. you do not want to miss lou dobbs coming up with his take of the situation as well. lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that has headlines and number one performer in the s&p 500 today. stellar performance, up 9.5%. there is quite a bit going on with cbs. they're turning their north and south american outdoor advertising divisions, putting some billboard divisions up for sale. one analyst says a split could unload asset values between 5,000,000,006,000,000,000. here is a one-year chart that shows you how well they set up for the one-year period the tenure charge shows how we went through the crisis. recouped all those losses and stil
's instant opposition is not about raising taxes on the wealthy, like last year. nor is it about proposing to raise the tax cuts. this time the issue is gun safety, including universal background checks supported by nearly nine out of ten americans. the president, once again, is taking his message to the people. as did he with _#$40. >> i promise you the american people, your voices, made a difference on this debate zoosh as he did with _#my2k. >> if there's one thing that i have learned, when the american people speak loudly enough, lo and behold, congress listens. >> yesterday the white house launched _#now is the time. >> this will not happen unless the american people demand it. >> the president has a new website explaining the proposed laws. he penned an op ed in the connecticut post today, and he is planning to hit the road to sell his plan with speeches around the country. as the white house tries to engage the public, senate majority leader harry reid will try to engage the senate. in a statement yesterday reid wrote "i am committed to insuring that the senate will consider legisla
revenue, more tax hikes. i think that people who make around $100,000 are really rich. you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so, look,er erhe's going to put them in their place and demonize them and sigma advertise them. >> we are going to see-- they're looking for a look on the radio, the president of the united states like a left wing talk show host. we're in the midst of a revolution and it's a take no prisoners revolution. when he talks about the elderly talking about obamacare and medicare, and talk about not caring whether important enough to eat, that's food stamps, as jason sucked he suggested he's looking for a way to transfer the wealth, n
a carbon tax and see the keystone pipeline ended. but i think the other ones are fights where we'll see much more energy. >> jennifer: all right. katrina vanden huevel out there saying he should fight all of these issues. thanks so much for coming inside "the war room." >> thank you. >> jennifer: coming up it has been 40 years since roe v. wade gave women the right to choose, and a battle has ensued ever since. and progressives have been a little bit grumpy as of late and we'll tell you why. >> and paul krugman and jon stewart enter into a war of words into cook what you love and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> jennifer: next week marks the 40th anniversary of roe v. wade and yet after the
are protected by armed guards at their schools. mr. obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says common sense can win. and good people can win. and you can actually get government to work and get good things to happen. you can overpower the extremists with intelligence and with reason and with common sense. >> the nra immediately released this statement. these gun control schemes have failed in the past and will have no impact on public safety and crime, sadly, the new york legislature gave no consideration to that reality while lawmakers could have taken a step towards strengthening mental health reporting. instead, they opted for stopping the rights of g
. later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected, president become become used kids as backdrop addressing the american people on the plans for a new gun control. here he is. just hours ago. >> these are smart letters from some pretty smart young people. hennah a third grader. you can wave. that's you. henna wrote, i feel terrible for the parents who lost their children. i love my country and i want everyone to be happy and safe. grant -- go ahead and wave, grant. grant said i think there should be some changes. learn from what happened at sandy hook. i feel really bad. >> eric: the president outlined a series of proposals including closing background check loopholes,be ban
recovery already has. with that will come a gush everywhere of tax receipts which will help of offset deficits and reduce the need to borrow so much money that in time these things will take care of themselves and moreover -- >> >> bill: wait, clearly the report says to him because he is the leader of the nation you must cut and reform entitlements, u. must do it. no matter what happens with the economy and no matter what happens with the tax receipts, you have to do that bus it's unsustainable that the country can continue to spend as much money as it's spending on these entitle wants, medicare social security, social fabric, all of that he knows that. i'm saying in my heart he is rolling the dice with the future of every single american. every one. because of his, i guess, place in history would it be. he wants to be with dr. king on the mountaintop. but he is rolling the dice because he has got to know the danger is he walking into. bill, you have a point. i would say that the way that people like this president look at this problem that has to do with spending and debt is that we
middle class taxpayers were invited to the white house before a presidential speech on extending tax rates. >>> conservative media mogul rupert murdoch offered his thoughts on twitter. hopefully we'll get real actions on guns tomorrow, not some stage-managed stunt. >>> new york is the first state to tighten the gun control laws in the aftermath of newtown. andrew cuomo signed a wide-ranging bill last night. the package includes an expansion of the state's existing ban on assault weapons and lit limits gun magazines to seven rounds and requires mental health professionals to consider patients that are a possible threat. >> let's at least learn from what's happened. let's at least be able to say yes we went through terrible situations. but we saw, we learned, we responded and we acted and we're doing something about it. we're not victims. we can strike back. we can defend ourselves. but we're going to do it intelligently and we're going to do it prudently and we're going to put rules in place that actually protect innocent people and n. society. >> new york's law comes despite the nati
at their schools? mr. obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. >> following the president's announcement, they released a statement and i'm quoting. we look forward to working with congress on a bipartisan basis to find real solutions to protecting america's most valuable asset, our children. attacking firearms and ignoring children is not a solution to the crisis we face as a nation. no, of course. more guns are always the only answer for the nra. joining us now is kristen welker live at the white house. and kristen, we're getting news that the president and the vice president will girn traveling outside of washington to engage the public on the gun issue. what are you hearing? >> that's absolutely right, martin. according to a white house official, you can expect the president and the vice president to separately get out of d.c., hit the road, talk to the american people to try to push for the proposals that they unveiled today. this is, of course, a tactic that the white house has employed i
are making more main than ever before, we're still giving them $4 billion of your tax dollars in subsidies every year. you remember, congress should be fighting for you not for big financial firms. >> i think it's brilliant. (vo) first, news and analysis with a washington perspective from an emmy winning insider. >> i know this stuff, and i love it. (vo) followed by humor and politics with a west coast edge. bill press and stephanie miller. >> what a way to start the day. >> cenk: we're back on "young turks." in a time when people pretend to care on the deficits, the numbers we give outen oh oil subsidies are insane. president obama's been fighting back. he had a significant portion of his weekly address march, 2012 on this very topic. >> at a time big oil companies are making more money than ever before, we're still giving them $4 billion of your tax dollars in subsidies every year. your member of congress should be fighting for you, not for big financial firms or big oil companies. i expect congress to vote on ending these subsidies. when they do, we're going to put every single member o
to president cane, all of our used foods are 100% tax free. this week's special includes sun dried mammals. only $0.99 a pound. be sure to visit the fruit and vegetable department for fresh found fruit from neighboring grocery stores dumpsters. and don't forget all of our used foods are 100% tax free. this week kids get free abc gum with a purchase of $20 or more. used foods emporium now with 999 convenient locations. [ applause ] >> stephanie: that was kenny pick. yeah right? president kaine, yikes. kelly you are on the "stephanie miller show." >> caller: good morning. that soundings like a lovely place to shop. >> stephanie: sorry if you are eating breakfast. >> caller: no, i'm laying in bed watching you. >> stephanie: hello. okay. >> caller: i have been listening to the chatter about gun control ever since that horrific incident in newtown, and i want to jump on the other side of the coin as somebody who has been in counseling for clinical depression for over five years. i know people with asperger's syndrome. i don't want a still ma to be attached to mental illness the w
, the president signed into law. >> there will be no more tax-funded bailouts. period. >> years of spending added up and the debt ceiling talks of 2011 led to a budget standoff between democrats and republicans who had taken back control of the house in the mid-terms. >> is there a risk that the united states could lose its triple-a credit rating, yes or no? >> no risk of that. >> no risk. >> the debt ceiling was raised in august, the political fight and the spotlight on the count row's deficit and debt problems led s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term, now he's stepping down at treasury. the pick to replace him is jack lew, who has established a close relationship with the president. he is know chummy with the republicans on the hill after the debt ceiling negotiation. for that reason and other, his looming confirmation hearing could be bumpy. but if confirmed, lew will likely be dealing with the top issue in this second term, how to get the economy moving and addressing the count re's long-term fisc
tax reform. but what he's not willing to negotiate and he should not noer negotiate is over whether the congress pays for the bills. the congress is saying if we don't make the changes the way they want to, they're threatening to tank the united states economy. again, the debt ceiling, it is really important that people understand, this is not about expanding your capacity to start new government programs. this is paying for bill that is are already due and owing so not paying it would be like, tamron, you and i buying stuff on the credit card and then deciding after we bought that stuff we are not going to pay for it. if the united states does that, it will tank our credit rating and economy and make any discussion of what would happen going over the fiscal cliff look like child's play. that's why the president said, look, he is not going to allow the american economy to be held hostage in that way. he is absolutely prepared to continue to negotiate ways to reduce our budget deficit and that's exactly what we should be doing but we shouldn't be doing it under the threat, the republ
to be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critical and had a right to be for prescription drug benefit. the argument ises that it would drive down the cost of those drugs. if anything they have soared since that benefit came in because the government cannot act as a source of even buying in bulk for cutting prices. >> that's exactly right. and in fact i'm also supportive of legislation that would allow medicare, just leak the veterans administration to negotiate with the manufacturers, the drug companies, for lower drug prices. and i guess the point is that there are -- >> it doesn't work. didn't work in the case of drug prescriptions. if you were to expand this to care, what -- >> no, no. >> what is the chance you would get more bang for the buck? >> here's
the battle of spending your tax dollars . a showdown looming between the congress and president on the debt ceil tonight how majority of the americans think that the problem should be solved. >> and hot cars. fox reports from what is billed as the greatest collector car auction. i am harris falker. we start with americans held captive taken by terrorist in the bp oil plant inside of gerl -- algeria. some of our people have been breaking free of the evil captor and that siege in the oil plant is over. we can now confirm the algerian army stormed the complex and ended the siege. president obama stands ready to provide the assistance for gerl - algeria in the aftermath. so many conflicting reports as we got word of the terrorist attack. we know that lives have been lost, but the question is how many. defense secretary leon pan nela speaking today. >> since 9/11 we made clear that, that nobody is going to attack the united states of america and get away with it . for that reason we have made a commitment that we are going to go after al-qaida wherever they are and wherever they try to hide . we
at that conference yesterday. it's the new iteration of the president's campaign operation. it is a tax-exempt group. it can accept unlimited donations. it does not have to disclose its donors, although the president's new organization says it will. it says the main purpose is to mobilize support for the president's second term policy goals. this is something new. after president george w. bush won reelection in 2004, he did not have an entire campaign structure at the ready, millions of supporters strong mobilizing behind him and raising money for him to achieve his second term goals. president clinton didn't have anything like that when he was elected to a second term. no president has had an independent group do that. but barack obama now has that. his election campaign has been turned into an independent group. the chairman of the new group will be a man named jim messina. he is not exactly a political lightweight. his last job was in fact running president obama's 2012 reelection campaign. to have jim messina in charge of this thing means this is not a place where emeritus your friends to keep
thing to vote against it when you're squandering a bill clinton surplus on tax cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't wan
schools. mr. obama demands the wealthy pay their fair share of taxes but he's just another eliteist hypocrite when it comes to another fair share of security. protection for his kids and gun free zones for ours. >> john: that would be the president who has received the most death threats in history agreeing to protection for his family. for more on today's historic announcement by president obama and the future of his proposals in congress, i'm delighted to be joined by congressman joe courtney. good evening, a pleasure to have you. >> yes. >> john: president obama promised the people of newtown that he would make our kids safer. do you have any doubt that the proposals will do that? >> i have no doubt. there is no question that the number of executive orders that are well within his constitutional authority will beef up the department of justice to prosecute people who lie on background checks, for example, the statistics are quite stunning, 10,000 people got caught lying in their application for gun purchases only 44 were prosecuted in 2010. that's an example where they'll refocus
tax-funded bailouts. period. >> years of spending under both parties add up and the debt ceiling talks of 2011 led to a budget attend off between democrats and republicans who took back control of the house of representatives in the midterms. >> is there a risk the united states could lose their aaa rating? yes-or-no. >> no risk. >> the debt ceiling was raised in august the political fight in the spot lighted on the deficit and debt problems less s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term and now he is stepping down. president obama's pick to replace him is jack lew, who has established a close relationship with the president. lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple
is the republicans have agreed to raise taxes. they refused to do that for a generation. i think there will be a change on immigration. i think there's potential for bipartisan work on energy. the republican party's got to find its way back to some kind of restoration if it wants to get the white house back if it wants to control the senate again and move beyond the house. the movement they've had on the debt ceiling, democrats would call it gimmicky on some level. but we want to choose our fight difficultly. they want to push the president to deal with the spending problem this government has. you know what? all the polling reflects the fact that they're right. americans want a better economy. they want compromise. they want to cut government spending. so republicans are on the right track there. the question is how do they find a way to pressure the president in a way that's different tanhan what they've done. >> eugene? >> i think the question is whether the republican establishment, such as it is can bring along the rest of the republican party, the tea p
% of gdp, that we've got to fight to cut taxes, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >> i like your time slot a lot better than ours, actually. 1:00's okay. >> try it some time, sleep in a bit. >> i'd like to. >>> coming up next, the gun lobby reacts to the president's proposals and that nra ad. >>> plus, biden, bloomberg, and gabby giffords. there's a trio inside "time's" special edition on gun control. this is "andrea mitchell reports" only on msnbc. i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! maybe you want to incorporate a business. or prote
counts of prostitution, veelgs of privacy, and tax evasion. >> not guilty. >> reporter: her attorney is adamant her client is innocent. >> it's been tough. there's been a lot of scrutiny. getting through the day in any sort of normal way has been difficult. she's doing the best she can. she's certainly worried about what's going to happen to the criminal process. >> reporter: we went to wright's house back in october looking for answers. >> hello. is anybody home? you don't want to talk about the allegations? did you do it? >> no comment. >> did you run a prostitution ring? >> you know what, i will pick up the phone, and i will call the police. >> reporter: it is a scandal that has ripped apart a small town and destroyed lives and reputations. at the center of it, the woman who has yet to tell her story, alexis wright, who has everyone talking. as for mark strong sr., he says he will spend the rest of his life apologizing to his wife. >> i'm sorry for any dishonesty, for the intimate relationship that i had with alexis wright. >> reporter: for "nightline" i'm john shrippen, in kenneb
was popular in the re-election, he was in a difficult fiscal cliff negotiation where he got the tax increases he wanted. the democrats arenited but he faces such quick battles particularly over the debt and over gun legislation that he'd like to pursue, there isn't much of a reset, not much of a honeymoon because there's a carryover of toxic atmosphere in washington when it comes to getting big things done. >> you covered the white house about two terms of the bush administration. what does the president, what is the hard reality of his second term in. >> well he builds up a lot of political capital with re-election and that's very freeing for a second term president but the calendar is short. you have a limited amount of time to really drive the agenda and the president would like to get big things done from immigration to energy, but he's going to be facing trench warfare with republicans over the budget, for some time to come. i think that's going to overshadow most of what he does. >> david gregory thanks very much. >>> when "nbc nightly news" continues on this saturday, new research abou
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